Standard Robots Valuation, Funding & Investors
Standard Robots is valued at $51M as of July 2020.
Last Standard Robots valuation
$51M
Series B · Jul 2020
Last Standard Robots funding round
$87M
Series C · Mar 2023
Cumulative funding Standard Robots raised
$199M
across 3 funding rounds
Key investors in Standard Robots
Source Code Capital
Xiaomi
Lightspeed China Partners
MiraclePlus
China Capital Management
NIO Capital
About Standard Robots
Standard Robots is a Shenzhen-based provider of laser-navigation mobile robots for warehouse automation and logistics, founded in 2016. The company develops autonomous mobile robots with integrated software and hardware platforms for smart factories and industrial logistics, using SLAM (Simultaneous Localization and Mapping) navigation technology. Its clients include Huawei, ZTE, Foxconn, DJI, and Delta Electronics, and its products have been deployed internationally in the US and Japan.
Founded
2016
HQ
ChinaWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Product sales, Subscription
Valuation
$51M (Jul 2020)
Standard Robots Valuation
Standard Robots is currently valued at $51M, based on its Series B in July 2020.
The $21M round was led by Lightspeed China Partners and Source Code Capital.
Standard Robots valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jul 2020 | Series B | $51M |
Standard Robots Funding History
Standard Robots has raised a total of $199M across 3 funding rounds.
Standard Robots' first fundraising round was a $21M Series B in July 2020. The most recent completed round was a $87M Series C in March 2023.
Standard Robots funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Mar 2023 | Series C | Xiaomi (lead); China Capital Management | $87M | - | - |
| Jan 2022 | Series B | Broad Vision Funds (lead); MiraclePlus; NIO Capital; Source Code Capital | $90M | - | - |
| Jul 2020 | Series B | Lightspeed China Partners (lead); Source Code Capital (lead) | $21M | $51M | Standard Robots is a Shenzhen-based provider of laser-navigation mobile robots for warehouse automation and logistics. Founded in 2016, the company develops autonomous mobile robots with integrated software and hardware platforms for smart factories and industrial logistics settings. The company utilizes SLAM (Simultaneous Localization And Mapping) navigation technology and serves major clients including Huawei, ZTE, Foxconn, DJI, and Delta Electronics. By July 2020, Standard Robots had expanded internationally with products deployed in the US and Japan. In its Series B round completed in July 2020, Standard Robots raised RMB 100 million (USD 14.3 million) co-led by Lightspeed China Partners and Source Code Capital. This funding round achieved a post-investment valuation of 350 million yuan. The company deployed the new capital to upgrade manufacturing capacity, expand overseas market presence, and develop products for new verticals including automotive components and energy technologies. Standard Robots had previously secured a Series A investment in late 2018 from Cash Capital (the investment arm of the Chinese Academy of Sciences) and a seed round in 2017 led by Hechuang Capital with participation from Songhe Capital and Yaohong Venture Capital. |
Who has invested in Standard Robots?
7 investors have backed Standard Robots across its funding rounds, including Source Code Capital, Xiaomi, Lightspeed China Partners, MiraclePlus, China Capital Management and NIO Capital.
Lead investors include Xiaomi, Broad Vision Funds, Lightspeed China Partners and Source Code Capital.
Standard Robots Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| Chaoyang | 2 | Lead | Jul 2020 | |
| Shanghai | 1 | Lead | Jul 2020 | |
| Beijing | 1 | Participant | Mar 2023 | |
| Beijing | 1 | Lead | Mar 2023 | |
| Beijing | 1 | Participant | Jan 2022 | |
This data is available for Pro users. Sign up to see all 7 Standard Robots investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialStandard Robots Competitors
Standard Robots competitors include listed companies like Softing and Systems Engineering, and private ones like READY Robotics, Voovio, MOLG and Formic Technologies.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 United States | Private | - | - | $42M | - | |
 Alcobendas | Private | $2M | - | $38M | 19.0x | |
| Sterling, CO | Private | - | - | $36M | - | |
 Germany | Publicly listed | $98M | $5M | $30M | 0.4x | |
| Chicago, IL | Private | - | - | $100M | - | |
 Japan | Publicly listed | $72M | $14M | $205M | 2.2x |
Standard Robots Public Comps
Standard Robots is still privately-owned, but its public comps include Circus, Rythm, Minehub Technologies, Oxford Metrics, Redwood AI, 3Ren, RoboRobo, Simtel Team, C2C Advanced Systems and Enechange.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $2M | ($22M) | 20.4x | 7.5x | (1.7x) | (1.8x) | |||
| $17M | ($25M) | 5.1x | - | (3.5x) | - | |||
| $1M | ($4M) | 32.1x | - | (10.7x) | - | |||
| $60M | $6M | 0.3x | 0.2x | 2.8x | 1.5x | |||
| - | ($385K) | - | - | (113.3x) | - | |||
| $26M | $3M | 2.0x | 2.4x | 18.9x | 13.4x | |||
| $10M | ($1M) | 5.8x | - | (50.3x) | - | |||
| - | - | - | - | - | - | |||
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Common questions about Standard Robots
| When was Standard Robots founded? | Standard Robots was founded in 2016. |
| Where is Standard Robots headquartered? | Standard Robots is headquartered in China. |
| Is Standard Robots publicly listed? | No, Standard Robots is a private, VC-backed company. |
| What is Standard Robots' valuation? | Standard Robots was last valued at $51M in its Series B in July 2020. |
| How much funding has Standard Robots raised? | Standard Robots has raised $199M across 3 funding rounds. |
| What was Standard Robots' last funding round? | Standard Robots' last funding round was a $87M Series C in March 2023, led by Xiaomi. |
| Who are Standard Robots' investors? | Standard Robots' investors include Source Code Capital, Lightspeed China Partners, China Capital Management, Xiaomi, MiraclePlus, Broad Vision Funds and NIO Capital. |
| Which companies are comparable to Standard Robots? | Companies comparable to Standard Robots include READY Robotics, Voovio, MOLG, Softing, Formic Technologies and Systems Engineering. |
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